Westpac
Car Loan
Westpac · pers loans
Provider last updated this product 2026-08-21.
Go to provider
You'll complete your application on
Westpac's website. Confirm the rate and fees with them
before applying.
Looking for your next car? Let?s get you moving. Apply online and you could be driving off in no time.
As published by the lender
- Headline rates - from 5.74% to 12.99%The lender publishes several headline rates; which one applies is the lender's decision.
Lending rates
| Type | Rate | Comparison^ | Purpose | Repayment | Fixed term | Applies to | Interest |
|---|---|---|---|---|---|---|---|
| FIXED | 6.49% | 7.90% | OTHER | PRINCIPAL AND INTEREST | 84 months | 12 - 84 months | calculated daily, paid monthly |
| The rate displayed is the minimum rate for the New Car product. For information on the full rate range, please visit the Car Loan product page, contact us on 132 032 or visit your nearest branch. | |||||||
| FIXED | 12.99% | 14.34% | OTHER | PRINCIPAL AND INTEREST | 84 months | 12 - 84 months | calculated daily, paid monthly |
| The rate displayed is the maximum rate for the New Car product. For information on the full rate range, please visit the Car Loan product page, contact us on 132 032 or visit your nearest branch. | |||||||
| FIXED | 5.74% | 7.16% | OTHER | PRINCIPAL AND INTEREST | 84 months | 12 - 84 months | calculated daily, paid monthly |
| The rate displayed is for the EV New Car product. For information on the full rate range, please visit the Car Loan product page, contact us on 132 032 or visit your nearest branch. | |||||||
| FIXED | 6.49% | 7.90% | OTHER | PRINCIPAL AND INTEREST | 84 months | 12 - 84 months | calculated daily, paid monthly |
| The rate displayed is the minimum rate for the New Hybrid Car product. For information on the full rate range, please visit the Car Loan product page, contact us on 132 032 or visit your nearest branch. | |||||||
| FIXED | 10.29% | 11.66% | OTHER | PRINCIPAL AND INTEREST | 84 months | 12 - 84 months | calculated daily, paid monthly |
| The rate displayed is the maximum rate for the New Hybrid Car product. For information on the full rate range, please visit the Car Loan product page, contact us on 132 032 or visit your nearest branch. | |||||||
Fees
| Fee | Type | Amount | Details |
|---|---|---|---|
| Loan Account Fee | PERIODIC | $15 | - |
| Lending Establishment Fee | UPFRONT | $250 | - |
| Prepayment Fee | EXIT | $175 | Applies if you choose a term greater than 2 years and pay it out in less than 2 years. This fee is waived if you pay out your personal loan by refinancing to another Westpac personal loan |
| Missed Payment Fee | LATE_PAYMENT | $15 | - |
| Bank Cheque Fee | EVENT | $10 | - |
Rate history
Rate Comparison rate
The figures behind this chart
| From | Until | Rate | Comparison |
|---|---|---|---|
| 2026-07-15 | 2026-09-30 (current) | 5.74% | 7.16% |
Published figures as captured daily since 2026-07-15. A step is the day the provider's published figure changed; days without a published figure carry the last published value.
Features
- Get up to $130,000 - Choose how much you want to borrow, from $10,000 to $130,000. Then decide between weekly, fortnightly, or monthly repayments.. (conditions apply)
- Budget-friendly - You get a choice of 1-7 year loan terms to suit every budget. Your rate and repayments won't change for the full loan term.
- 5-minute quote - You'll get your personalised rate in minutes with no impact on your credit score. So, you can start planning your purchase sooner.
- Speedy funding - Once your loan?s approved, customers with an existing Westpac transaction account can access funds within an hour of contract acceptance.
- Get a personalised rate - We'll show you your Personal Loan personalised rate and repayment estimate based on your credit score and the loan details you give us. It only takes a few steps, and it won't affect your credit score.
- A preferential fixed rate is available for�eligible electric and hybrid cars
Who can apply
- min age - 18
- residency status - You're an Australian or New Zealand citizen or you have permanent residency in Australia and hold an acceptable visa
- otherA non-resident or migrant and hold an acceptable visa. Must have at least 1 year before expiry.
- otherHave a fixed, Australian address
- otherYou have a fixed, verifiable residential address in Australia.
- otherHold a current Australian driver's licence or learner's permit
Limits
- min limit - 10000.00The minimum amount financed is $10,000
- max limit - 130000.00The maximum amount financed is $130,000
- otherRepayment terms for Car Loans, Electric Car Loans, and Hybrid Car Loans range up to a minimum of 1 year.
- otherRepayment terms for Car Loans, Electric Car Loans, and Hybrid Car Loans range up to a maximum of 7 years.
The provider's own documents
Published by the provider under the Consumer Data Right. These are their documents, not ours - they are the authority on this product.
Last updated by data holder: 2026-08-21T05:30:51Z · Product ID: PLCar